España | Retail sales closed 2015 positively despite December's inertia
Published on Thursday, January 28, 2016 | Updated on Thursday, January 28, 2016
España | Retail sales closed 2015 positively despite December's inertia
Summary
Retail sales rose in December, although less than expected because of the disappointing development of service station and durable goods' sales. In all 4Q15, sales growth in the sector fell by three decimal points, which points at a lower dynamism in private consumption.
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- Spain
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- Macroeconomic Analysis
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Authors
Juan Ramón García
BBVA Research - Principal Economist
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